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0.000105324927401107 1.50464182001338E-05 0.000210649854802044 1.50464182001338E-05 0.0018657558568183 3.00928364002675E-05 -7.52320910006688E-05 -7.52320910006688E-05
Stock impact report

EU fines X $140 million for breaching online content rules, TikTok settles with concessions [Yahoo! Finance Canada]

Meta Platforms, Inc. - Class A (META) 
FILE PHOTO: A screen capture of Twitter's official page with an "X" on the profile image is seen on July 23, 2023 in this screengrab obtained from a social media website. via REUTERS/File Photo By Foo Yun Chee 3 min read By Foo Yun Chee BRUSSELS, Dec 5 (Reuters) - Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark legislation which ?will likely draw the U.S. government's ire. Rival TikTok staved off a penalty with concessions. Europe's crackdown on Big Tech to ?ensure smaller rivals can compete and consumers have more choice has been criticised by the administration of U.S. President Donald Trump, which says it singles out American companies ?and censors Americans. The European Commission, the EU's executive, said its laws do not target any nationality and that it is merely defending its digital and democratic standards which usually serve Show less Read more
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